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YinZhuangXuan, mayor of Guangzhou, South Korea, together with his colleagues visited Joylong Auto to have field survey with regard to the cooperative project of new energy vehicle between the two companies.

To develop overseas market of new energy vehicle, and accelerate internationalization, Joylong Auto, Guangzhou government of South Korea and Pet Fun Auto signed an agreement of new energy vehicle investment intention. According to the agreement Pet Fun Auto plans to invest 250 billion South Korean Won for the establishment of electric auto manufacture workshop in Guangzhou. At the same time, Joylong Auto will provide the support of accessories, technology and worker training. Administrative and financial support will be provided by Guangzhou government in the field of vehicle certification, factory site, investment subsidy policy, sale publicity and establishment of cooperative institute.

Guangyu city of Guangzhou is the fifth metropolis in South Korea and the center of high-tech industry and culture. As the capital of Jeollanam-do, Guangyu city is a central city of auto industry with five development parks in which more than 1600 companies are built. 80 percent of them focus on auto manufacture.

During this visiting, the delegation had a great number of elite. A delegation of 36 person led by Mayor YinZhuangXuan includes Secretary LiGuangEr, Minister of industry strategy LiXiangPei, the other six Mayors, and members from auto industry department and Joylong Auto of South Korea, along with journalists of KBS, East-Asian Daily, Citizen Daily and Guangzhou Daily.

Led by Joylong leaders, the delegation visited the four workshops of crafts to know Joylong vehicles better. Then during the meeting, general manager of Joylong auto, WangRongFa and general manager of international department, LinQuanHou introduced the future development strategy of Joylong Auto in detail. Technicians showed the custom-made electric sample vehicle for South Korea customers. The two parties had a deep communication about the sale of Joylong new energy vehicles in South Korea. And the members of delegation were invited to try a drive of sample electric vehicles. During the visit, general manger of Joylong Auto, WangRongFa accepted the exclusive interview of KBS.

After the visit of Joylong Auto workshops, the delegation joined a gracious meeting with Mayor of Yangzhou City ZhuMinYang, Secretary of local government LiZhongSheng, Chairman of Jiangxi Special Electric Motor Co. Ltd ZhuJun, Chairman of Joylong Auto and general manager WangRongFa. The delegates from South Korea included Secretary of Guangzhou LiGuangEr and six senators of Guangzhou. Mayor Zhu pointed out that Guangzhou and Yangzhou are both famous for long history and rich culture, and share so much in common especially in the industry development that the two parties can take this cooperative project as an opportunity to promote more bilateral trade cooperation and communication and search for collaboration in many other fields for the mutual development of the two cities. Mayor YinZhuangXuan stated that the China and South Korea have a friendship of thousands years and successful cooperation will be fulfilled on the basis of win-win result.

Finally the delegation extended sincere thanks to Joylong Auto for great hospitality and considerate care. Through this visit, senators of Guangzhou and journalists of the press will realize the importance of the cooperative project better and support much more for the success of the cooperation. Mayor YinZhuangXuan expressed gracious thanks to leaders of Jiangxi Special Electric Motor and Joylong Auto and show best wishes for sooner coming of Joylong vehicles. Mayor Yin also hopes that the development of Joylong will improve the transition of South Korean auto industry.